# Factors influencing the feeder cattle market - Canadian Cattlemen

> Analyst Jerry Klassen reviews factors behind feeder cattle prices, citing a 2023 US calf crop down 872,000 head and feeder cattle outside feedlots at a historic low of 18.9 million head on April 1. Western Canadian feeder supplies are also projected lower year over year.

- Date: 2024-06-06 · published 2024-06-06T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/29938-factors-influencing-the-feeder-cattle-market-canadian-cattlemen
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Shrinking feeder supplies in the US and Canada support feeder prices, though corn, barley and exchange rate moves can offset that tightness.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/markets/factors-influencing-the-feeder-cattle-market/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.